Seasoned Bitcoin (BTC) hodlers have hardly spent any coins despite $69,000 all-time highs this year, data shows. According to the Coin Days Destroyed (CDD) metric from on-chain analytics firm Glassnode, the proportion of coins being spent by old hands remains near record lows. Strong hands knuckle down throughout 2021 In the latest sign of the
It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s (BTC) volatility, the standard measure for daily fluctuations, stands at 64% annualized. As a comparison, the same metric for the S&P 500 stands at 17%, while the volatility
Municipals were thinly traded and benchmark yields little changed while U.S. Treasuries were a tick better on the 10- and 30-year and equities continued their march upward. Triple-A benchmarks were left unchanged and ratios were also little changed. The five-year was at 47%, 70% in 10 and 78% in 30, according to Refinitiv MMD’s 3
In this article GDDY Spencer Platt | Getty Images Activist investor Starboard Value has taken a 6.5% stake in GoDaddy, sparking a rally in shares of the web services company. The hedge fund bought more than 10,000 shares of GoDaddy, worth about $800 million, according to a regulatory filing. The new stake became the biggest
In this article APA GDDY AAL AEO RL GoDaddy logo SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. GoDaddy — The web hosting company saw its shares jump nearly 9.2% following a Wall Street Journal report that activist investor Starboard Value has taken a 6.5% stake in it,
Among outgrowths of the pandemic has been an explosion of newcomers to Florida. Many recent arrivals to the state are from urban areas in the Northeast and Midwest U.S., where density and walkability have long been part and parcel of daily life. It’s only appropriate, then, that Florida is witnessing a surge in what might
Migrant workers build a scaffold at the construction site of Huayang Commercial City Phase II in Huai ‘an City, east China’s Jiangsu Province, Feb. 7, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — China’s struggling real estate developers face a growing number of repayment deadlines in the next few months. Real estate giant
U.S. Commerce Secretary Gina Raimondo looked out at the Economic Club of New York luncheon gathering. “It’s been a hard year. We can’t sugarcoat that,” the former Rhode Island governor said. “But there are a lot of reasons to be optimistic … We ought to take a second to look at the bright side.” One
2021 is coming to an end and one prominent theme this year in the world of cryptocurrencies and blockchain technology most definitely belongs to non-fungible token (NFT) assets. This year NFTs became a billion-dollar industry and many NFTs have sold for millions of dollars. The following is a look at the top ten NFTs, in
After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange. Data analysis account Material Scientist said that Binance’s inflows could be due to “a new player.” Although Bitcoin is almost
Two New York City pension funds have successfully completed the divestment of securities related to fossil fuel companies, Mayor Bill de Blasio and Comptroller Scott Stringer announced Wednesday. The Trustees of the New York City Employees’ Retirement System (NYCERS) and the Board of Education Retirement System (BERS) said the action brings their total divestment across
In this article TSLA BABA KMX BB CAT CAMP Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst
Pueblo, Spanish and contemporary styles combine to achieve a cohesive blend at this flat-roofed home in Santa Fe, New Mexico. Built in 1963 and set on a roomy 2.35 acres, the two-story house has been newly outfitted with luxury, entertaining and multi-generational living in mind. Mature trees and a curving driveway soften the stucco façade
A For Sale sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images The already competitive housing market is getting even more so, and that is now cutting into mortgage demand. Even a small drop in interest rates couldn’t bring more buyers in, although it did boost refinance demand
Moody’s Investors Service said it revised the outlook on Jackson, Mississippi, to stable from under review. At the same time, it confirmed the Ba2 rating on the city’s water and sewer system revenue bonds. About $191 million of debt is outstanding. “The stable outlook reflects our expectation that rate increases will enable it to improve
Goel highlighted the various methods that are actively being used by fraudsters to dupe investors such as lucrative investment opportunities, illegitimate bank transfers and cryptocurrencies. Acknowledging the growth of Indian crypto users, Goel added: “They [fraudsters] ask you to share your cryptocurrency details. And once you put it in your wallet, then the money is
Berwyn, Illinois’ ratings remain intact after a review ahead of its $99 million general obligation debt refunding, restructuring and new money issue that will provide budgetary relief and pay down unfunded public safety pension liabilities. S&P Global Ratings had put the city’s BBB GO and A-minus securitization ratings on CreditWatch with developing implications Sept. 30
In this article MON Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrencies have had yet another wild year. Bitcoin, the world’s largest digital asset, has seen a roughly 65% gain since January — with some
In this article TSLA SFIX NVAX 9618-HK NKLA AVO Check out the companies making headlines before the bell: Novavax (NVAX) – Novavax jumped 3.4% in the premarket after the drugmaker said a two-dose treatment of its Covid-19 vaccine demonstrated strong immune responses against the omicron variant. It did add that the response to omicron was
While giving birth is hardly glamorous, iconic fashion and lifestyle brand Lilly Pulitzer seeks to change this with a recently revealed a VIP birthing suite at Good Samaritan Medical Center, which is part of The Palm Beach Health Network. Lilly Pulitzer’s own granddaughter was born at Good Samaritan so it only makes sense to pass